Advertising

The Seattle Times Company

NWjobs | NWautos | NWhomes | NWsource | Free Classifieds | seattletimes.com

Business / Technology


Our network sites seattletimes.com | Advanced

Originally published Friday, January 8, 2010 at 8:11 PM

Comments (0)     E-mail E-mail article      Print Print      Share Share

US solar company to build power plants in China

Southern California's eSolar Inc. has signed a major agreement to build a series of solar power plants in China.

The Associated Press

PASADENA, Calif. —

Southern California's eSolar Inc. has signed a major agreement to build a series of solar power plants in China.

Under the agreement announced Friday, the Pasadena, Calif.-based eSolar will provide China Shandong Penglai Electric Power Equipment Manufacturing Co. with the technology and information to build solar farms with a capacity totaling 2,000 megawatts over the next decade.

Company chairman Bill Gross says China is emerging as a major market for solar energy and is moving much faster than California and the U.S. The initial eSolar project will be located in the Mongolian desert in northern China.

The deal comes four months after Tempe, Ariz.-based First Solar struck a deal with China to build a massive solar field in the same region.

---

Information from: Los Angeles Times, http://www.latimes.com

E-mail E-mail article      Print Print      Share Share

More Business & Technology

UPDATE - 09:46 AM
Exxon Mobil wins ruling in Alaska oil spill case

UPDATE - 09:32 AM
Bank stocks push indexes higher; oil prices dip

UPDATE - 08:04 AM
Ford CEO Mulally gets $56.5M in stock award

UPDATE - 07:54 AM
Underwater mortgages rise as home prices fall

NEW - 09:43 AM
Warner Bros. to offer movie rentals on Facebook

More Business & Technology headlines...

Comments
No comments have been posted to this article.

advertising


Get home delivery today!

Video

Advertising

AP Video

Entertainment | Top Video | World | Offbeat Video | Sci-Tech

Marketplace

Advertising